Senior Commercial Manager - Contracts

Senior Commercial Manager – Contracts

Location:

Riyadh, Saudi Arabia
Industry: Construction
Function:
Contracts Administration

Experience:

15 years commercial and contracts experience
Job Type: Full-time

Senior Commercial Manager – Contracts in Riyadh, Saudi Arabia is a senior construction opportunity with Parsons Corporation for an experienced commercial leader who can manage contractual, financial, procurement, claims, and cost management activities across major projects or a large programme. The role is focused on protecting commercial interests, improving profitability, strengthening contract administration, managing risk, leading negotiations, and supporting successful project delivery from bid stage through closeout.

• Develop and implement commercial strategies that support project objectives, margin targets, cash flow requirements, and long-term business goals.
• Provide commercial leadership to project teams and ensure consistent application of company procedures, governance standards, and commercial best practices.
• Support business planning, budgeting, tender reviews, bid decisions, and strategic project decisions with clear commercial insight.
• Lead or support negotiations for major contracts, variations, claims, settlements, procurement packages, and commercial agreements.
• Review, negotiate, and finalize prime contracts, subcontracts, consultancy agreements, and FIDIC-based contract documents.
• Ensure strong contract administration covering notice provisions, change management, claims procedures, correspondence, approvals, and contractual compliance.
• Draft and review contractual correspondence to protect the company’s position and manage disputes before they escalate.
• Advise project managers, procurement teams, commercial staff, and senior leadership on contractual rights, obligations, risks, and required actions.
• Oversee project budgets, cost plans, cash flow forecasts, cost reporting, cost‑value reconciliations, earned value analysis, and margin reviews.
• Monitor financial performance across projects, identify cost variances, and recommend corrective actions to protect profitability and cash position.
• Validate major cost commitments, payment applications, variations, final accounts, and commercial settlement documentation.
• Establish and manage change control processes across projects, ensuring variations and scope changes are properly recorded, valued, and negotiated.
• Review, prepare, and negotiate variations, extensions of time, loss and expense claims, and other commercial claims.
• Coordinate with planning, legal, technical, procurement, and project controls teams to substantiate, defend, and resolve claims.
• Manage dispute resolution processes including negotiation, mediation, adjudication, or arbitration support where required.
• Support procurement strategies for key work packages, including tendering, commercial evaluation, negotiation, recommendation, and contract award.
• Negotiate subcontractor and supplier terms to optimize cost, performance obligations, risk allocation, and delivery certainty.
• Monitor subcontractor commercial performance, including payment applications, variations, claims, and final account progress.
• Identify commercial risks and opportunities across the project lifecycle and maintain accurate risk registers and action plans.
• Ensure compliance with corporate governance, delegation of authority, internal controls, audit requirements, and commercial reporting standards.
• Act as a primary commercial interface with clients, partners, joint venture entities, project directors, and senior internal stakeholders.
• Present commercial performance, risks, recovery strategies, claims status, and key financial matters in management and client meetings.
• Lead, mentor, and develop commercial managers, quantity surveyors, contract administrators, and related commercial team members.
• Allocate resources effectively across projects and promote a culture of integrity, accountability, continuous improvement, and high commercial performance.

• Bachelor’s degree in Quantity Surveying, Commercial Management, Construction Management, Law, Finance, or a related field.
• Around 15 years of…